Author: InvestAdvocate

IMF Approves Policy Reforms and Funding Package to Support Low Income Countries in a Sustainable Manner

October 21, 2024/IMF The reforms approved by the IMF’s Executive Board aim to bolster the Fund’s capacity to support Low-Income Countries (LICs) in addressing their balance of payment needs, while restoring the self-sustainability of the Poverty Reduction and Growth Trust (PRGT). The approved policy reforms include: a long-term self-sustained annual […]

No Fresh Case Filed Against NNPCL, Others

October 21, 2024/Dangote Group This is an old issue that started in June and culminated in a matter being filed on September 6, 2024. Currently, the parties are in discussion since the President Bola Tinubu’s directive on Crude Oil and Refined products sales in Naira Initiative, which was approved by […]

Liechtenstein: Five Things You May Not Know About the IMF’s Newest Member

(Credit: taranchic/iStock by Getty Images) IMF COUNTRY FOCUS October 21, 2024/IMFBlog The IMF welcomed the Principality of Liechtenstein as its 191st member. Prime Minister Daniel Risch signed the IMF’s Articles of Agreement in a ceremony in Washington, D.C at the beginning of the 2024 Annual Meetings, which the country now […]